Market Trends of Temperature Management Industry
This section covers the major market trends shaping the Temperature Management Market according to our research experts:
Conventional Warming System Segment is Expected to Witness Considerable Growth Over the Forecast Period
Conventional warming system helps to prevent hypothermia in surgical patients and is considered standard and effective care. Conventional warming systems offers forced air, which essentially blows warm air through a cover that surrounds the patient. Many studies show that patients warmed with forced air have a normal body temperature at the end of surgery. Conventional warming systems can create significant temperature gradients within the operating room that have the potential to disrupt laminar airflow patterns and contaminate the surgical site with floor-level air mobilized by convection currents. Thus, owing to several advantages, conventional warming systems are widely used across the globe.
The increasing number of surgical procedures is one of the major drivers for the segment. For instance, according to the research journal published by the Journal of Surgery and Surgical Research published in October 2021, in India, more than 1,88,82,734 surgeries were carried out in 2021 in public health facilities, and of them, around 48,51,788 and 1,40,30,946 were major and minor surgeries, respectively. The same source also reported that around 14,43,913 surgeries were performed in Andhra Pradesh, around 59,08,59 surgeries were performed in Madhya Pradesh, about 82,55,90 surgeries were performed in Maharashtra, around 30,47,973 surgeries were performed in Tamil Nadu, and about 12,25,766 surgeries were performed in Delhi in 2020. A total of 18,88,2734 surgeries were performed in India in 2021. Conventional warming systems generally help maintain warm temperatures during pre and post-surgeries; thus, increasing the number of surgical procedures is expected to propel the segment growth.
The increasing number of cases of infectious diseases is also propelling the segment's growth over the forecast period. For instance, according to the report published by the WHO in November 2021, more than 1.0 million sexually transmitted infections were acquired globally, most of which are asymptomatic. It also reported that every year there are an estimated 374.0 million new infections, with 1 out of 4 sexually transmitted infections: gonorrhea, chlamydia, trichomoniasis, and syphilis. Similarly, as per the report published by the CDC in April 2022, around 677,769 cases of gonorrhea were reported in 2020, around a 5.7% increase from 2016. Gonorrhea also emerged as the second most common noticeable sexually transmitted infection in the United States in 2021. Temperature management is one of the essential parts of the treatment of infectious diseases; therefore, increasing cases of infectious diseases may boost segment growth over the forecast period.
North America is Expected to Witness Significant Growth Over the Forecast Period
North America is expected to witness significant growth over the forecast period. The growth is due to factors such as the rising cases of infectious diseases, cancer and increasing surgical procedures in the region. For instance, according to the Epidemiological Surveillance and Disease Control Center and the HIV/AIDS/STI Department at the Health Institute of the State of Mexico (ISEM), as of 2021, more than 6 cases of acquired syphilis, more than 9 cases of gonococcal infection, more than 483 cases of trichomoniasis, more than 15 cases of genital herpes, more than 1,042 cases of candidiasis (yeast infection), more than 5,585 cases of vulvovaginitis, and more than 136 new cases of asymptomatic HIV infection have already been reported in Mexico. As per the data published by UNAIDS 2021, more than 230,000 Mexican population was living with HIV. Thus, the increasing number of infectious diseases may increase the demand for temperature management systems, thereby driving market growth in the North American region.
Key product launches, high concentration of market players or manufacturer's presence, acquisitions and partnerships among major players, and a rising number of surgical procedures and diseases in the United States are some of the factors driving the growth of the temperature management market in the country. For instance, the CDC reported in May 2022 that 30,635 people in the United States and dependent territories acquired an HIV in 2021. The same source also stated that, by the end of 2022, the number of Americans living with HIV was predicted to be 1,189,700. Furthermore, innovative product approvals may also surge the market growth in the United States. For instance, in October 2020, Gentherm announced that it has received 510(k) clearance from the U.S. FDA and has launched the ASTOPADTM Patient Warming System in the United States. The ASTOPAD system can be utilized in all surgical procedures and helps prevent and treat hypothermia in patients throughout the perioperative procedures. Therefore, owing to the high prevalence of infectious diseases and product approvals, the market is anticipated to grow over the forecast period in the United States.
